6G Market Worth USD 159.54 Billion with CAGR of a 127.16% to 2035 | Exclusive InsightAce Report
Companies covered in this report are Apple Inc., Nokia Corporation, AT&T Inc., T-Mobile US, Inc., Verizon Communications Inc., Intel Corporation, Huawei Technologies Co., Ltd., LG Corporation, Cisco Systems, Inc., and Sony Corporation
May 24, 2023 10:25 ET| Source: InsightAce Analytic Pvt. LTd.Follow
Jersey City, NJ, May 24, 2023 (GLOBE NEWSWIRE) -- InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the "Global 6G Market Size, Share & Trends Analysis Report By Devices (Mobile Devices, IoT and Edge-Computing Devices, Networking Devices), Communication Infrastructure (Wireless And Fixed) And End Users (Consumer Applications And Industrial And Enterprise)- Market Outlook And Industry Analysis 2035"
The global 6G market is estimated to reach over USD 159.54 billion by 2035, exhibiting a CAGR of 127.16% during the forecast period.
The 6G cellular technology is set to succeed the current 5G network by using even higher frequencies, thereby providing significantly increased bandwidth and lower latency. While the 6G radio networks will offer improved communication and data gathering, the overall 6G technology market will require a systems approach involving data analytics, artificial intelligence, high-performance computing (HPC), and quantum computing to drive growth. The market is also expected to facilitate a range of innovations across different industry verticals.
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